Author: forex24pro

The quotes of XAG/USD continue to move within the development of a bullish correction and a descending channel. At the time of publication of the forecast, the Silver price is 30.26. Moving averages indicate the presence of a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in price from the current levels. At the moment, we should expect an attempt to develop growth in the cost of the metal and a test of the resistance level near the 30.75 area. From where we should…

The quotes of the currency pair NZD/USD continue to move within the development of a decline and a descending channel. The moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the currency pair and a potential continuation of the decline in the value of the instrument from the current levels. At the time of publication of the Forex forecast, the New Zealand Dollar to the US Dollar exchange rate is 0.5590. At the moment, we should expect an attempt…

The USD/CHF currency pair continues to move within the development of growth and a bullish channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.9120. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of the asset’s value growth from the current levels. At the moment, we should expect an attempt to develop growth in the US Dollar against the Swiss Franc and a test of the…

BTC/USD quotes are trading at 93891 and continue to move within the framework of the development of the decline and the formation of the “Triangle” model. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of “Digital Gold” and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, January 10, 2025, we should expect an attempt to develop a slight decline in the value of the digital…

ETH/USD are trading at 3300 and continue to move within the development of the fall and the bullish channel. Moving averages indicate the presence of a short-term bullish trend for Ether. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the asset’s fall from the current levels. At the moment, we should expect an attempt to develop the coin’s fall and a test of the support level near the 3085 area. From where we should again expect an upward rebound in prices and continued growth of the Ethereum…

The trading world has long focused on strategy, analysis, and technology, but one critical component remains underexplored: the human mind. Tradefulness, a pioneering force in trading psychology, is thrilled to announce the First-Ever Trading Psychology Conference, an online event running from February 4–6, 2025, that aims to revolutionize how traders approach the markets. This event brings together the brightest minds in trading psychology, professional traders, and industry leaders to tackle the silent barriers that undermine success — fear, greed, impulsivity, and emotional burnout. The conference promises an immersive experience filled with actionable insights to enhance performance and build resilience in…

The Euro/Dollar currency pair EUR/USD continues to move within the development of the correction and the descending channel. The moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the European currency and a potential continuation of the fall in the asset pair quotes from the current levels. At the time of publication of the forecast, the Euro to Dollar exchange rate for today is 1.0299. Within the framework of the Forex forecast for January 9, 2025, we should expect…

The Pound/Dollar GBP/USD currency pair continues to move within the fall and descending channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2339. Moving averages indicate the presence of a short-term bearish trend. Prices broke through the area between the signal lines downwards, which indicates pressure from sellers of the currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to develop the fall of the British Pound against the US Dollar and a test of the support area near…

The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the fall and descending channel. The moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the instrument’s value from the current levels. At the time of publication of the forecast, the Australian Dollar to the US Dollar exchange rate is 0.6207. At the moment, we should expect an attempt to develop a bullish correction and a test of…

The quotes of the USD/JPY currency pair continue to move within the framework of the development of growth and the formation of the “Wedge” reversal pattern. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 158.39. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from US Dollar buyers and a potential continuation of price growth from the current levels. As part of the forecast of the Japanese Yen exchange rate for January 9,…